A social media user on Wednesday said that the IT industry in India creates and continues to create enormous wealth in India is because it has stayed out of the clutches of the Indian bureaucracy. His take came more than a day after Tamil Nadu-based logistics firm Wintrack suspended its import and export operations in India due to alleged harassment by customs officials. Advertisement

The user further said that many more industries could create a similar amount of wealth, but the system chokes them.

"One big reason IT in India created and still creates so much wealth is that it stayed out of the clutches of government babus. Unlike traditional businesses, No babu could just walk in and scare you about shutting down your business. That freedom gave IT space to grow. The sad truth is man

See Full Page